Debt consolidation allows you to combine all your loans into one. Essentially, it can reduce your interest rates and fees, thereby giving you a way to pay out your debt more quickly than you would otherwise.

If you choose to consolidate your debt, you'll have one loan repayment to worry about rather than several. A debt consolidation loan can help you benefit from reduced interest and fees, but it's important to also consider refinancing costs and early payout fees from your existing loans to see if the cost of consolidating is more than the money you'll save.

Some lenders have limits on how many debts they will consolidate. We can help you find the right bank that is best suited to your needs so that you don’t waste time applying to lenders that are not able to assist you.